ATI Buys XGI Subsidiary In China Push

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ATI Technologies said late Monday that it had acquired Macrosynergy, a division of chipset firm XGI Technology, in a bid to expand its presence in China.

As part of the deal, ATI will acquire the 100 employees of Shanghai-based Macrosynergy, as well as an undisclosed number of design engineers based in XGI’s Silicon Valley office.

ATI did not buy XGI outright, as had been rumored.

XGI was formed from the graphics division of SIS on 2003, and has existed as a very minor player in the graphics market ever since. However, Macrosynergy’s presence in China apparently will give ATI an entry into the burgeoning Chinese market, as well as name recognition from Macrosynergy’s add-in card line.

“This transaction brings ATI two important elements – presence in a country that is emerging as the next big technology market, and a team of engineers that are highly skilled in our key product areas,” said Dave Orton, president and chief executive of ATI, in a statement. “The XGI and Macrosynergy people bring additional breadth of knowledge and experience to an ATI team that is leading the graphics processor market.”

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